Nanyang Technological University (NTU) is pleased to announce a S$3-million gift from its Pro-Chancellor Dr Wee Cho Yaw, which will go towards the establishment of a new scholarship fund at NTU’s Nanyang Business School for students in the Master of Science (Finance) programme.

Dr Wee’s gift will attract a dollar-for-dollar matching grant from the Singapore Government, resulting in a $6-million endowed fund that will support four Wee Cho Yaw Scholars each year. Valued at S$60,000 each, the scholarships will cover the tuition fees, as well as living and travel allowances for selected scholars on the full-time, one-year bilingual programme conducted in English and Chinese.

The gift is part of Dr Wee Cho Yaw’s on-going efforts to strengthen ties and collaboration between Singapore and China.

Dr Wee Cho Yaw, Chairman of the Wee Foundation said, “I hope that the scholarships will further deepen the good relations between the financial sectors of the two countries.”